Inside NATO's extraordinary 48 hours that revealed Trump's grip on global diplomacy
For 48 hours in Ankara, Turkey, it felt as though the world was moving on Donald Trump's timetable.
Markets
New Fed task force members share Chairman Kevin Warsh's embrace of AI
A series of task forces designed to bring outside thinking to the Federal Reserve will include the "best minds," Chairman Kevin Warsh said Thursday. For a task force that could be especially consequential for the Fed's …
People Are Talking About Contango While Oil Markets Are Far From Recovered
While financial desks obsess over paper structures and Brent crude briefly flirted with contango, the broader market is missing the forest for the trees. Brent crude's recent rebound from $71 to $79 a barrel is not mere…
Where Jim Cramer stands on SK Hynix's massive offering
CNBC's Jim Cramer said Thursday that SK Hynix's upcoming Nasdaq debut will give U.S. investors a new way to bet on the artificial intelligence boom, but warned the South Korean memory-chip giant comes with significant r…
If you invested $10,000 in Bitcoin, Trump meme coin, and gold when Trump took office, here's what you'd have today
January 20, 2025. Donald Trump walks back into the White House. Bitcoin is touching $109,000. Gold is steady at $2,697 an ounce. And a meme coin bearing the president's name is a few days old and trading around $35, alr…
Energy M&A kicks into high gear amid AI's thirst for power
M&A in the energy sector is soaring as developers of AI projects look to bypass the growing practical and regulatory hurdles to launching new power generation projects.
Florida's Palm Beach airport renamed for Trump
The airport in West Palm Beach, Florida, has officially been renamed after President Donald Trump, the first time an airport has been named after a sitting U.S. president.
Anduril CEO says it's bad to IPO in ‘middle of a hype cycle’
Anduril CEO Brian Schimpf said the defense tech company is in no hurry to go public given the current market conditions.
Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution's operations — a list that includes several prominent Wall Street names, busin…
Kalshi traders think gas prices will stay higher for longer as U.S.-Iran tensions heat back up
With the U.S. and Iran exchanging strikes once again — and the return of normal traffic flows in the Strait of Hormuz in doubt — traders on prediction market platform Kalshi think gas prices will likely still be elevate…
A huge trade just happened on the Nasdaq 100. Bulls are taking notice
Tech bulls may not have to wait much longer for fresh highs, if the single-biggest trade in the Invesco QQQ Trust ETF on Thursday is any indication. The trader spent $24 million on a three-part call spread that needs th…
Kalshi traders see roughly 50% odds of a rate hike in 2026 as Fed is split on policy
Federal Reserve policymakers are split on the path for interest rates — and Kalshi traders also seem to be divided, seeing just over 50% odds of a hike this year.
Prediction markets spark insider trading concerns. Here's how Goldman and other companies are responding
Insider trading is an emerging risk in the new world of prediction markets, and some companies – including Goldman Sachs – are taking steps to limit employees' trades on the platforms.
Palo Alto CEO Arora says AI pricing needs to fall 90% as token costs skyrocket
Palo Alto Networks CEO Nikesh Arora warned that token costs need to drop as much as 90% to promote large-scale artificial intelligence adoption.
Trump claims to be 'No. 1' on TikTok. What does that mean?
President Donald Trump touted that he's "No. 1" on TikTok multiple times this week.
Action-starved traders look to small-cap stocks for the next big move
Options action suggests that it can continue, with VIX at recent lows and a slowdown in the wild speculative call-buying in tech that was pulling the market quickly in both directions. To an extent, that's just the summ…
Alleged Reflecting Pool vandal David Hearn pleads not guilty; lawyer calls him 'scapegoat'
Three-time U.S. Olympic canoeist David Hearn pleaded not guilty on Thursday to a felony charge for allegedly ripping up sealant in the National Mall's Reflecting Pool in Washington.
Anthropic appoints former Fed Chair Ben Bernanke to its independent trust
Anthropic on Thursday announced that it has appointed Ben Bernanke, the former chair of the Federal Reserve, to its Long-Term Benefit Trust, the company's independent governance structure that advises the company and ap…
Analyst Report: AES Corp/The
AES Corp., based in Arlington, Virginia, is an independent global power company. In addition, the company owns three regulated utilities in the U.S. It generates approximately 32,000 megawatts of electricity. AES has op…
Analyst Report: Suburban Propane Partners LP
Suburban Propane Partners L.P. is a publicly traded master limited partnership. Headquartered in Whippany, New Jersey, it has been engaged in the retail propane business since 1928. The partnership serves approximately …
Market Update: AES, SPH
The major indices are higher at midday. Chip stocks are up and that's lifting the mood on Wall Street, this while investors wait to see what happens with the Iran and U.S. ceasefire. Crude oil is at $72 per barrel, the …
Trump can halt trade with Spain using law behind scrapped tariffs: Greer
President Donald Trump may not follow through on his demand for the U.S. to completely sever trade with Spain — but he could if he wanted to, using the same law behind his failed "reciprocal" tariffs, U.S. Trade Represe…
These 10 states are best positioned to land AI data center deals despite rising public opposition
Say what you will about whether artificial intelligence is good for humanity. It is undoubtedly worth billions of dollars — and then some — to the states that can attract AI business.
Form 4 Trio-Tech International For: 9 July
TRIO-TECH INTERNATIONAL senior corporate vice president and COO (Testing) Lim Hwee Poh received a grant of stock options covering 5,000 shares of common stock. The options have an exercise price of $9.74 per share and e…